Mortgage Rates Surge Nearly 1 Million Five-Year Deals Ending Soon

Mortgage Rates have moved sharply higher again, and this time the impact is much bigger than a simple weekly rise. Nearly one million five-year fixed mortgage deals are set to end soon, pushing households, lenders, and investors into a period of serious adjustment. For many homeowners, this could mean hundreds of pounds more each month. For the housing market, it could reshape demand, prices, and borrowing behavior well into the year ahead.